It is not uncommon to hear consumers in Australia express concerns that "prices for new cars in Australia are very expensive, compared to car prices in some other developed countries, such as the USA". This is supported by research undertaken by Drivefox using information extracted via certain search engines on the Internet.
This website uses the power of information in an attempt to highlight the substantial difference in new car prices between Australia and the USA . The Drivefox website:
The information depicted on the graphs is based on data derived in the following way. For a given model, the new car price in the USA is based on information available in the public domain obtained by Drivefox via certain search engines on the Internet (such as google). This price is not specifically illustrated on the graph, however instead the graph illustrates the USA new car price, adjusted for Australian taxes, including customs duty, luxury car tax, GST and stamp duty, and the USA/AUD exchange
rate (as at the date of posting the information). The resultant adjusted price is then compared with the actual new car price of the same or similar model in Australia, also sourced from information available in from the public domain obtained by Drivefox via certain search engines on the Internet (such as Google).
Drivefox has spent a considerable amount of time in extracting the information from internet search engines and in the process has done its best, from such sources, to utilise as relatively widespread, logical and selective sample of car models from selected car manufacturers. However some models could not be used because an equivalent or comparative model is not available in either USA or Australia (as the case may be).
Drivefox attempts to illustrate and benchmark prices of comparative models of new cars i.e. the price of a given model sold in Australia is compared with the price of the same or similar model sold in the USA. In comparing models in this manner, Drivefox has attempted to compare models with the same or similar trim levels, technical specifications and certain other features.
Drivefox attempts to ensure that the car models in the graphs which are used for comparative purposes have similar power outputs, engine displacements, transmission and levels of luxury.
As much as possible, Drivefox has tried to avoid inappropriate comparisons, as shown in the following examples:
The methodology used by Drivefox has been developed in an attempt to allow more meaningful comparisons of new car prices in Australia with new car prices of comparative car models in the USA, i.e. comparative car models adjusted for the AUD/USD exchange rate and relevant Australian taxes. We have attempted to use exchange rates and tax rates current as at the date of publication however, these rates fluctuate over time.
Users of this website should note that factors, other than taxes and the exchange rate, are not taken into consideration, when comparing new car prices in Australia with new car prices in the USA. The comparisons and graphs on this website should therefore be considered in this context and consumers should consider all relevant factors before making their own independent decision and assessment .
The graphs illustrate that there is a trend of substantial differences between new car prices in Australia and new car prices in the USA when the Drivefox comparative methodology is used. Drivefox appreciates that consumers need to be better informed when making their own decision to purchase a new car and we hope that they can be more informed when assessing the extent that Australian taxes are the reason for such significant price differential.
If you are concerned about the high prices of new cars in Australia, you may want to contact the Australian Productivity Commission.
© Copyright Drivefox Pty Ltd
Information, data and graphs about prices and products has been extracted from third parties sites on the Internet and is for informational purposes only. Drivefox does not represent or warrant the accuracy or reliability of the information, and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use.
Drivefox Terms and Conditions of Use | |||||||||||||||||||||||||||||||
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1.1 | This website is owned, operated and maintained by Drivefox Pty Ltd (ACN 103 262 424) (Drivefox). | ||||||||||||||||||||||||||||||
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4.6 | Drivefox has obtained certain of the data, information and content on the Site used in formulating the Site's graphs and prices via a selective and logical sampling process from a variety of sources in the public domain via the Internet. Whilst reasonable care is taken in producing such data, information, content and graphs, Drivefox does not guarantee or make any representations regarding their use, comparisons or reliance, nor that they are current and up-to-date. Drivefox is not responsible for the data, information and content used as inputs to the graphs, and you should not rely on them without making your own independent assessment through your own research and external advice. Drivefox is not liable for any loss or damages relating to the use of, or reliance on, the data, information, content and graphs. | ||||||||||||||||||||||||||||||
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7.2 | Where the laws of any country or state in which these Terms and Conditions are effective implies into these Terms and Conditions any term, condition or warranty, and those laws avoid or prohibit provisions in a contract excluding or modifying them, then the term, condition or warranty shall be deemed to be included in these Terms and Conditions. The liability of Drivefox, its officers, directors, employees, agents and related bodies corporate shall be limited, at the option of Drivefox, to: | ||||||||||||||||||||||||||||||
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